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Appeared on: Monday, August 22, 2011
Skype Acquires GroupMe

Skype today announced it has entered into a definitive agreement to acquire GroupMe, a provider of mobile group messaging services.

GroupMe was founded in 2010 at the Techcrunch Disrupt Hackathon and is headquartered in New York, New York. Skype did not disclose the terms of the acquisition.

Through the acquisition of GroupMe, Microsoft- owned Skype continues its drive to provide a global multi-modal and multi-platform communications experience. The acquisition of GroupMe complements Skype's leadership in voice and video communications by providing text-based communications and features that enable users to connect, share locations and photos and make plans with their closest ties.

Earlier this year Skype had also acquired mobile video provider Qiks.

"Skype and GroupMe have a shared vision of creating applications and experiences that are the daily communications choice for a billion people. We will continue to seek the top talent and technology to make that vision a reality," said Tony Bates, Skype's Chief Executive Officer. "The GroupMe team has created an incredibly sticky group messaging experience that works across mobile devices and platforms, making this a perfect addition to the voice, video and text products in the Skype family," added Bates.

"There is a natural affinity between Skype and GroupMe and our goal is to continue developing tools that make it easier for people to communicate, share, and stay in touch with their close and important ties," said Jared Hecht, GroupMe's Co-Founder. "Integrating GroupMe into the Skype experience is an amazing opportunity for us and accelerates the execution of our vision tenfold," added Steve Martocci, GroupMe's Co-Founder.


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